A MENSWEAR shop in Henley has closed down after just four years.
Last Man Standing in Hart Street ceased trading on Sunday.
Signs were posted in the window entitled “First Man Leaving” telling customers it was closing down “...end of story”.
This is the second shop that owner Paul Foxley has closed in the town. He previously had Ashworths outfitters, which was on the corner of Market Place and Duke Street, for 38 years.
Mr Foxley would not divulge the reasons for closing but told the Henley Standard that it would be the last shop he would run in the town, and hinted that the rise of internet trading may be to blame.
“Probably the future of independent retail is online,” he said. “I will be looking to start selling on the internet in the next two months or so.”
Mr Foxley, who lives near Henley, thanked all his customers who had supported him over the years.
He shut Ashworths in March 2009 claiming he had not made any money in 18 months.
Mr Foxley also claimed that sales were down 45 per cent during the recession. He said rent and running costs had increased by 25 per cent and rates had gone up by five per cent.
At the time, it was the last dedicated menswear shop in the town. The premises was taken over by clothes retailer Joules three months later.
Mr Foxley opened Last Man Standing at the same time and pledged to offer “something different” by stocking more casual wear and a small amount of women’s clothes.
The shop closure is the sixth in the town since early June. Retail units which have closed include gift shop Down-To-Earth in Bell Street, and ladies’ fashion boutique Kaliko.